City
Epaper

India's WPI sequentially rises to 2.03% in Jan

By IANS | Updated: February 15, 2021 19:26 IST

New Delhi, Feb 15 India's annual rate of inflation based on wholesale prices sequentially rose to 2.03 per ...

Open in App

New Delhi, Feb 15 India's annual rate of inflation based on wholesale prices sequentially rose to 2.03 per cent in January from a rise of 1.22 per cent in December.

In contrast, the January inflation rate last month was lower on a year-on-year basis.

"The rate of inflation, based on monthly WPI, stood at (2.03 per cent) (provisional) for the month of January, 2021 (over January, 2020) as compared to 3.52 per cent during the corresponding month of the previous year," a Ministry of Commerce and Industry statement on WPI said.

On a sub-segment basis, prices of primary articles, which constitute 22.62 per cent of the WPI's total weightage, deflated further to (-)2.24 per cent from (-) 1.61 per cent in December.

It had increased on a faster pace in January 2020 at 10.01 per cent.

However, the WPI food index declined to (-) 0.26 per cent from 0.92 per cent reported for December 2020.

( With inputs from IANS )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: indiaNew DelhiMinistry Of Commerce And IndustryWPIThe new delhi municipal councilDelhi south-westIndiUk-indiaRepublic of india
Open in App

Related Stories

MaharashtraOver 10,000 Pakistani Nationals Traced in Maharashtra and Delhi Post-Palgham Terror Attack

MumbaiViral Sighting of Tesla Cybertruck Near Mumbai Stirs EV Enthusiasm (Photos)

NationalPM Narendra Modi Discusses Tech and Innovation Collaboration With Elon Musk

NationalTahawwur Rana Extradition: Pakistan Distances Itself From 26/11 Accused After Arrival in India

NationalIndia Expands Rafale Power: Rs 64,000 Crore Deal Cleared for Navy Fighter Jets

Business Realted Stories

BusinessSolid monetary frameworks helped emerging markets navigate recent crises: Gita Gopinath

BusinessPiyush Goyal lashes out at Big Pharma for evergreening patents

BusinessSEBI joins DigiLocker to reduce unclaimed assets, protect nominees’ interests

BusinessOver 170 million lifted above poverty line in India, Modi government and Congress claim credit

BusinessIndia, as fastest growing economy, is ideal investment destination: RBI Governor